Biotech, Info Tech, the Future and Space

How competition helps consumers

“Google on Friday unveiled a new pricing scheme for its Google Maps application programming interface (API), dramatically cutting costs to developers for using its maps data,” Matt Lynley reports for The Business Insider.

“If you have an application that regularly makes a ton of calls for Google Maps data, you’re charged for every 1,000 calls the app makes,” Lynley reports. “That used to cost up to $4 per 1,000 calls, but now it’s going to cost around $0.50.”